Mr. Speaker, on February 2 to 4, 1997 a micro credit summit will take place in Washington, D.C. to focus attention on the provision of credit to the world's poorest entrepreneurs, especially women, in order to provide them with employment and a better quality of life.
This summit is being supported by the OECD, the World Bank, NGOs, experts and individuals from all over the world. It has been shown that by lending small amounts of money, between $35 to $300 in developing countries, one can start up small businesses and cottage industries which allow individuals to support themselves and their families.
I ask our government and all members to support this initiative. By contributing to the capital of micro credit banks, they can work wonders with small amounts of money.